Recent Buy: Twitter

I recently initiated a position in Twitter... yes, twitter.  It is something I use daily for personal reasons and for by blog as well.  You can find a link here for my Twitter page. Of course this may come as a "shock" as it does not pay dividends.  But for me it was a company that I wanted to invest in for a very long time.  It is a company I have always loved. I saw its reach and usefulness throughout college and through the creation of this blog.  Social media is a great tool for many reasons.  Clearly this company comes with its problems, but with recent shakeups and the upcoming Olympics this summer - I expect improvement.  Although, its NFL deal most likely will not affect the bottom line, this is a big win for them.  This purchase is now reflected in my Portfolio.

Purchase Summary

• 28.5716 shares of Twitter (TWTR) on 4/19/2016 @ $17.50/share totaling $500.00

This will add $0 of yearly dividend income, but adds a company which I use in my daily life. Clearly, it is used by all companies for public relations and awareness reasons.  I do not plan to add to this position anytime soon unless we see the company begin to make a turnaround, but I am glad to have initiated a position at these levels.

I wrote a separate post for this as it is not a dividend stock, but part of the plan towards creating wealth for the future.  My weekly buys will be posted soon and will include this Twitter purchase so it will skew the dividend yield for the week significantly.

Thanks for stopping by!

Full Disclosure: Long TWTR, ALL HOLDINGS IN MY PORTFOLIO

Do you use Twitter? Why or why not?

Photo Credit: FreeDigitalPhotos.net by suphakit73

I'm not an investment professional or a licensed financial advisor. This blog represents my personal views and decisions, which may not be appropriate for other investors. Please use common sense or consult with an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites. This blog should viewed for educational or entertainment purposes only.